This document summarizes the key discussions from the FICCI Higher Education Summit. The summit aimed to develop a vision for higher education in India by 2030 that creates a world-class, equitable, and affordable system. Speakers discussed initiatives like GIAN and increasing student exchanges to improve quality and international collaboration. Recommendations included granting universities full autonomy, relaxing regulations, boosting research funding, entrepreneurship programs, and making curricula more relevant to industry. SIMC was advised to offer entrepreneurship programs, increase industry participation, update curricula, and provide more research opportunities.

2. Presented By:
Ms. Richa & Ms. Stuti
SIMC

5. Theme of Summit
 This summit reveals India’s vision to
build a 21st century model for higher
education that is of high-quality,
equitable and affordable, and be a
model of a higher education system
that is not just the best in the world
but the best for the world.

7. HRD Minister – Ms. Smriti Irani
 She said, "To address the issue of
quality in higher education, the
Government has announced GIAN
(Global Initiative for Academic Network)
inviting industry experts and
academician’s world over to teach in
different Indian universities.”

9. Ms. Nikki Randhawa Haley,
Governor of South Carolina,
USA
 She stated that the US and India were
natural allies in strengthening the
education system and improving the
quality of life.
 “We hope to see a deepening of the
student exchange programme with India
and I see a bright future for this country,”
she said and added that South Carolina
would always look to support
partnerships in education with India.

11. Mr. Greg Clark, Minister of
State for Universities,
Science and Cities, The UK,
 He in his address, announced that the
British Government had initiated a
programme, under which 25000 young
people would be sent to India to study in
the next five years. The first batch of
students will reach Indian shores next
summer, he said.

13. Dr. (Ms.) Jyotsna Suri,
President-elect, FICCI
 She in her remarks pointed out that FICCI’s
Vision 2030 for higher education in India proposes
 A three tiered higher education system representing
 Research focused,
 Career focused
 Foundation institutions.
 This differentiated approach will offer students a
wider variety of unique and quality programs at both
graduate and undergraduate levels. This way, while
planned expansion will create capacity for the ever
increasing numbers of students, the differentiated
system will be instrumental in directing them to the
right stream and the appropriate institution.

15. Final Remarks by Mr Mohandas
Pai, Chairman FICCI Higher
Education
 There is a need to empower all our
Universities by giving them Full
Autonomy: Academic, Administrative
and Financial. We must create a 21st
century architecture for our regulations
based on Transparency, Respect for
Autonomy and Acceptance of Diversity
based on Principles of Open Systems.

17. Key Imperatives to realize the
vision of India Higher Education
2030  Developing higher education institutes with an international
outlook and global impact;
 Providing world-class teaching, research and conducive
learning environment;
 Relaxing complex regulatory requirements;
 Incentivizing transnational education
 Developing skilled, job ready and productive graduates
 Enabling higher education graduates with global skills, who
can be employed by or serve workforce-deficient countries;
 Developing research-focused universities that deliver high-quality
research output and research-focused graduates;
 Increasing R&D funding by Government
 Promoting increased industry participation in research and
innovation and creating a conducive educational, financial
and regulatory ecosystem to promote entrepreneurship.

18. Gaps in Education System
 ► Low employability of graduates, driven by several
factors including outdated curricula, shortage of quality
faculty, lack of institutional and industry linkages, and lack of
autonomy to introduce new and innovative courses.
 ► Low impact research output and patents filed given
relatively low government and corporate spending on
research, insufficient doctoral students, missing research
focus and culture in most institutions, and lack of
international research collaborations
 ► Limited focus on entrepreneurship on campus as
reflected in the fact that there are few institutes that offer
programs in entrepreneurship and have active
entrepreneurship cells
 ► Complex regulatory requirements and hurdles, poor
institutional governance standards, and lack of
professional management

19. Recommendations for India in
FICCI SUMMIT
Higher education in the country needs to be promoted as
follows:
 India prominently placed on the global higher education
map in terms of more globally-reputed Indian institutions,
significant student and faculty mobility, presence of /
collaborations with quality international institutions.
 India as a hub for talent that is able to drive
competitiveness of the Indian economy and is fit to work
in or serve international markets.
 A culture of research, innovation and entrepreneurship
that can power high economic growth in the country.

21. Recommendations for SIMC
 Offer programs in Entrepreneurship
Development as it is the need of the
day for whole country.
 Increasing Industry Participation
 Changing the outdated curricula
 Developing different skill-set in
students
 More Research-oriented opportunities to
faculties and students